We’re Dangerously Close to a Financial Breaking Point
Colin Plume warns that the US is approaching a fiscal breaking point with interest payments projected to reach $5 trillion, necessitating dollar devaluation and inflation.summaryUS Debt Crisis: The US is nearing a breaking point where interest payments on the $40 trillion debt will hit $5 trillion, exceeding government profit. The government will likely devalue the dollar to manage this, leadingtakeawayReal Estate Impact: Higher interest rates are expected to push 30-year mortgages above 7%, reducing home values in the short term. However, long-term construction costs (labor, lumber) will rise with inflation, making retakeaway














